Innovative Industrial Properties secures $100M credit facility

* Innovative Industrial Properties (NYSE:IIPR [https://seekingalpha.com/symbol/IIPR]) has closed on a new $100 million secured revolving credit facility with a federally regulated commercial bank.
* The company secured a three-year credit facility backed by its IQHQ investment. Borrowings carry interest at one-month SOFR plus 200 basis points (6.1% based on rates as of Oct. 3, 2025). The facility also includes a $35 million accordion option, allowing total borrowing to increase to $135 million if additional lenders participate.
* Source: Press Release [https://seekingalpha.com/pr/20255399-innovative-industrial-properties-announces-new-100-million-revolving-credit-facility-to]

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